How Much Does a Commercial Insurance Broker Make in Colorado?

Updated April 01, 2025
As of April 01, 2025, the average annual pay of Commercial Insurance Broker in Colorado is $60,014. While Salary.com is seeing that Commercial Insurance Broker salary in CO can go up to $78,215 or down to $42,463, but most earn between $50,827 and $69,541. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, and your experience levels. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.
Related Job Titles to Commercial Insurance Broker
Insurance Broker
$87,812
Colorado
Per Year
Insurance Senior Broker
$151,103
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Insurance Managing Broker
$195,693
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Insurance Broker Executive
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Similar Job Salaries to Commercial Insurance Broker by Company

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Company average base salary in (usd) range
EMERGE
Insurance Broker
$114,956/yr
$99,119
$130,793
RANGE: $99,119 - $130,793
Tipton Agency
Insurance Broker - Work From Home
$73,358/yr
$65,849
$80,867
RANGE: $65,849 - $80,867
Centennial Advisers
Experienced Commercial Real Estate Broker
$108,778/yr
$94,441
$123,116
RANGE: $94,441 - $123,116
The Misch Group
Commercial Insurance Broker
$106,488/yr
$93,391
$119,585
RANGE: $93,391 - $119,585
EPIC Insurance Brokers & Consultants
Commercial Insurance Associate Broker
$111,113/yr
$97,518
$124,708
RANGE: $97,518 - $124,708
EPIC
Commercial Insurance Associate Broker
$111,113/yr
$97,518
$124,708
RANGE: $97,518 - $124,708
The Demarco Group
Commercial Insurance Broker
$101,307/yr
$89,342
$113,272
RANGE: $89,342 - $113,272
The Baldini Agency
No Experience Necessary Remote Insurance Broker UNCAPPED COMMISSION
$110,589/yr
$94,831
$126,348
RANGE: $94,831 - $126,348
Criterion Executive Search
Underwriter Broker E&S Insurance Remote Colorado
$75,281/yr
$68,182
$82,380
RANGE: $68,182 - $82,380
Jacob Morgan-Farmers Insurance Agency
Commercial Insurance Assistant
$56,707/yr
$52,575
$60,839
RANGE: $52,575 - $60,839

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Top 10 Highest Paying Cities For Commercial Insurance Broker Jobs in Colorado

It is important to understand how location impacts your career prospects in the United States. There are some cities where a Commercial Insurance Broker can find a job easily with a greater salary paid then achieve a higher standard of living. Below is the top cities list for Commercial Insurance Broker job salaries in Colorado. Some cities can pay higher salaries for Commercial Insurance Broker jobs, which can indicate that there is a large demand for Commercial Insurance Broker positions in this city.
The following table shows top 10 cities where the Commercial Insurance Broker salary is higher than other cities in Colorado. Boulder takes first place in this list, followed by Broomfield, Grand Junction. The Commercial Insurance Broker salary is $61,732 in Boulder, which is higher than the national average. There are 9 cities' Commercial Insurance Broker salary higher than national average in Colorado.
The average salary for a Commercial Insurance Broker in Colorado is $60,014, but we found that the city with the highest salary for Commercial Insurance Broker jobs is Boulder, CO, and it is higher than Broomfield. Commercial Insurance Broker jobs in Boulder can have the opportunity to earn higher salaries than in other cities in Colorado.
CITY ANNUAL SALARY MONTHLY PAY WEEKLY PAY HOURLY WAGE
Boulder $61,732 $5,144 $1,187 $30
Broomfield $60,673 $5,056 $1,167 $29
Grand Junction $60,349 $5,029 $1,161 $29
Denver $59,967 $4,997 $1,153 $29
Arvada $59,967 $4,997 $1,153 $29
Westminster $59,967 $4,997 $1,153 $29
Aurora $59,926 $4,994 $1,152 $29
Jefferson $59,885 $4,990 $1,152 $29
Castle Rock $58,926 $4,910 $1,133 $28
Colorado Springs $58,708 $4,892 $1,129 $28

What Does a Commercial Insurance Broker Do?

Heffernan Insurance Brokers is the go-to source for insurance for small businesses, from sole proprietors working from home to fast-growing companies with ever-changing needs.
Updated December 21, 2021
Some risks can cause devastating effects on business operations, which is why getting a commercial insurance policy that protects the firm and its assets is crucial.
Updated December 17, 2021
In doing so, the insurance broker is able to recommend the best insurance policy that addresses the identified risks.
Updated December 14, 2021
So, while a commercial insurance broker represents insurance buyers, an agent represents insurance sellers.
Updated December 12, 2021
The relationship between a commercial insurance broker and their client must be one of mutual respect and constant communication.
Updated December 10, 2021

Frequently Asked Questions About a Commercial Insurance Broker Salaries

What is the average of a Commercial Insurance Broker in Colorado?

The Commercial Insurance Broker salary range is from $50,827 to $69,541, and the average Commercial Insurance Broker salary is $60,014/year in Colorado. The Commercial Insurance Broker's salary will change in different locations.

Which location pays the highest Commercial Insurance Broker salary in the United States?

The Commercial Insurance Broker salary in San Jose, CA is $74,190 which is the highest in the US.

What kinds of reasons will influence the Commercial Insurance Broker's salary?

Besides the location, employees' education degree, related skills, and work experience also will influence the salary. Try to improve your skills and experience to get a higher salary for the position of Commercial Insurance Broker.

What is the growth rate of the Commercial Insurance Broker's salary?

If you are thinking of becoming a Commercial Insurance Broker or planning the next step in your career, find the detailed salary report of a Commercial Insurance Broker.